【ノート】
◎This graph shows transitions in load factor for routes launched since fiscal 2015.
◎Performance for each route is plotted in intervals of five percentage points. As you can see, we have maintained a high load factor on most routes since the start of operations. The Phnom Penh route is impacted by seasonality factors, such as the effect of the rainy season during the first half of the fiscal year, but load factor is steadily improving mainly on business demand.
◎The last few years have seen a trend where the launch of new route services results in increased demand for existing routes to nearby destinations. For example, since fiscal 2014, we launched the Munich, Dusseldorf, and Brussels routes. Since then, demand has grown stronger, even for the mainstay Frankfurt route. This fiscal year, the first half load factor reached nearly 85 percent for all routes to European destinations.
◎Our analysis of this trend is that network expansion and strategic aircraft deployment have increased ANA Group competitiveness, which in turn is driving rapid demand stabilization on newly established routes.
◎Please turn to Page 7.